EVTC COO gets 31,163 shares from RSU vesting
EVERTEC, Inc. Senior Executive Vice President and Chief Operating Officer Joaquin A. Castrillo-Salgado reported equity compensation activity tied to restricted stock units.
Rhea-AI Filing Summary
EVERTEC, Inc. Senior Executive Vice President and Chief Operating Officer Joaquin A. Castrillo-Salgado reported equity compensation activity tied to restricted stock units. The Form 4/A amends an earlier filing only to correct his officer title.
On March 3, 2026, he acquired 31,163 shares of common stock at $28.35 per share as fully vested stock from performance-based RSUs originally granted on February 24, 2023, which were earned based on 2023 adjusted EBITDA and a three-year total shareholder return modifier. On the same date, 17,931 shares were withheld by EVERTEC to cover his tax liabilities related to the vesting of several performance- and time-based RSU awards. Following these transactions, he directly owned 94,440 common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,163 | $28.35 | $883K |
| Exercise Price or Tax Liability | Common Stock | 17,931 | $28.35 | $508K |
Footnotes (3)
- F1. This Form 4/A is being filed only to correct the Reporting Person's Officer title from Executive Vice President and Chief Financial Officer in the Form 4 previously filed today to Senior Executive Vice President and Chief Operating Officer.
- F2. Represents shares of fully vested stock issued as a result of the vesting of performance-based restricted stock units ("RSUs"), which were originally granted on February 24, 2023 and earned based on the Issuer's achievement of an adjusted EBITDA target for 2023, subject to a total shareholder return modifier over a three-year performance period.
- F3. Represents shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 11,176 shares withheld in connection with the vesting of performance-based RSUs granted on February 24, 2023; (ii) 2,129 shares withheld in connection with the vesting of time-based RSUs granted on February 24, 2023; (iii) 2,165 shares withheld in connection with the vesting of time-based RSUs granted on February 29, 2024; and (iv) 2,461 shares withheld in connection with the vesting of time-based RSUs granted on February 28, 2025.
FAQ
What insider transactions did EVERTEC (EVTC) report for Joaquin A. Castrillo-Salgado?
Why was this EVERTEC (EVTC) Form 4/A filed as an amendment?
Which RSU grants were involved in the tax withholding in this EVERTEC (EVTC) Form 4/A?
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